NO. 33

21 MAY 1990

Saudi Arabia

Japanese Nominations for June Accepted

MEES understands that Saudi Aramco has accepted lifting nominations proposedby Japanese customers for June without any cuts. Japanese customers for Sauditerms crude contracts comprise Mitsubishi Corp. (60,000 b/d), Kyodo Oil(50,000 b/d), Idemitsu (50,000 b/d) and Cosmo (50,000 b/d). A projected 50,000b/d contract for Nippon Oil has apparently not yet entered into effect.

Previously, customers reached agreement with...